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Tariffs
United Kingdom
UK-India Trade Deal Opens Doors for British Lamb Exports
A newly signed trade agreement between the UK and India is being hailed by exporters for its potential to significantly reduce tariffs on a wide range of goods,…
United States
Port of Los Angles Foresees “Precipitous Drop” in Next Week’s Cargo Volumes
On April 29, 2025, Gene Seroka, Executive Director of the Port of Los Angeles, appeared on CNBC’s Squawk Box to discuss an expected significant decline in…
Electric Vehicles
Here’s How Volvo Plans to Overcome Trump’s Tariffs With New EVs Arriving
Volvo Cars has announced a SEK 18 billion (approximately $2 billion) restructuring plan to foster growth and address challenges posed by tariffs. The initiative…
Canada
Canada Maintains Strong Canola Exports
Canola exports from Canada are continuing at a strong pace, despite concerns about potential U.S. tariffs. In the first two weeks of April, Canada shipped 516,0…
China
China Accelerates Shift to Brazilian Soybeans, as US Agricultural Exports Plunge Amid Tariffs
In April 2025, China’s Zhejiang Province is seeing a significant increase in soybean shipments from Brazil. Around 40 Brazilian soybean vessels are expect…
Electric Vehicles
Kia, Hyundai Mobis’s Q1 Sales Hit Record Amid EV Demand Surge but Margins and Tariffs Cloud Outlook
Kia reported its highest-ever first-quarter revenue of 28.02 trillion won ($19.6 billion) and an operating profit of 3.01 trillion won for January to March, ann…
Electric Vehicles
Tesla Hikes Prices on Its EVs in Canada Amid Tariffs, Expect Demand Collapse
Tesla, the American electric vehicle manufacturer, has raised prices across its entire lineup in Canada, with increases ranging from 13% to 22%. The adjustments…
Brazil
Brazil: Domestic Market Begins to Focus On Exports of 2025 Second Corn Crop
Global markets faced heightened tension in April 2025 as trade disputes between the U.S. and China intensified, affecting commerce and agricultural planning. Th…
Photovoltaic (PV)
Research Shows How Japan’s PV Market Suffered From High Feed-in Tariffs
An international research team has identified a connection between higher feed-in tariffs (FITs) in Japan and increased capital expenditure (Capex) in solar pro…
Belgium
Antwerp Surpasses Rotterdam in Q1 Containers as Ports Fear U.S. Tariffs
In an unexpected shift, the Port of Antwerp-Bruges outperformed the Port of Rotterdam in container volume during the first quarter of 2025. Antwerp-Bruges, typi…
Photovoltaic (PV)
ViệT Nam’s Solar Exports Hit With US Duties of up to 542.6 Per Cent
On April 21, 2025, the United States introduced significant tariffs on solar energy products imported from four Southeast Asian countries: Việt Nam, Malaysia, …
Electric Vehicles
Mazda to Pause U.S. Production of Compact SUV Destined for Canada
Mazda Motor Corp. will temporarily suspend exports of its CX-50 sport utility vehicle to Canada from its Alabama plant, starting May 12, 2025, a company spokesp…
Metal
MP Materials Halts Rare Earth Supply to China Amid Retaliatory Tariffs
MP Materials, a U.S.-based rare earth minerals producer, has ceased shipments of rare earth concentrate to China for processing due to new tariffs and trade res…
Metal
Alcoa Anticipates $90M Impact From Tariffs on Canadian Aluminium Imports in Q2
Alcoa, a U.S.-based aluminium company, has forecasted a $90 million cost for the current quarter due to U.S. tariffs on Canadian aluminium imports, as announced…
Solar Cell
Solar Cells Not Exempt From US Tariffs Despite Media Reports
The U.S. Executive Branch issued an executive order late last week, exempting specific electronic items from reciprocal import tariffs applied to goods from Chi…
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